25 Hoover RdRiversideCT06878
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 25 Hoover Rd, Riverside, CT, 06878 in Riverside is straightforward: $850,000 in, $6,985/mo in rent, $1,210/mo out after debt service. The 9.86% gross yield and 1.83 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $234,839 by year five. With $7,829/yr in principal equity, the total cumulative return is projected at $402,370.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.0% |
| Monthly Cash Flow | $1,210 | $250 |
City averages based on Riverside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,985 |
| Total Monthly Debt Service | $5,437 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1946
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorin Pratley • Coldwell Banker Realty
Mls Name: Greenwich MLS, Inc.
Mls ID: #123646